Economic Strengthening

Funding: 109€ / 764€

Thanks for your donation to Make Me Smile Kenya

First, we need some basic information about you.

Choose the amount you want to support us with.

And provide us with your Mail Contact

continue

€

In this project, we regularly train new groups, which then register as official savings clubs. The members meet every two weeks and save money in a community pot. If money is needed, members can take out a loan at a fixed interest rate. At the end of the year, the total savings and interest income is distributed back to the members as a proportion of their paid-in share. Through this, the members receive an incentive to save money and gain access to capital in order to cover unexpected expenses or to venture into self-employment. Currently, a total of 635 members are active in 20 registered clubs.

A lot of families were even able to open their own shops, pay school-fees for their children, start farming-projects or rebuild their destroyed houses.